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Finance & Economy - Page 331

Ajaero’s Arrest By DSS ‘A Brazen Act Of Lawlessness, Intimidation’ – NLC

NLC Rejects Federal Government’s ₦3 Trillion Power Sector Bailout

The Nigeria Labour Congress (NLC) has opposed plans by the federal government to grant a ₦3 trillion bailout to privately owned electricity generation companies, arguing that the move will not resolve the country’s power supply challenges. In a statement signed by its

February 20, 2026

Finance & Economy·News

Reps Interrogate NSITF Over N17bn Transfer, Others

The House of Representatives Committee on Public Accounts, on Tuesday, interrogated the Managing Director of the National Social Insurance Trust Fund (NSITF) Michael Akabogu, over the transfer of N17,158,883,034.69 to people and companies without payment vouchers and other supporting documents that was

July 14, 2021

Finance & Economy

Stock Market: NCR, Wema Bank Lead Equity Gainers On NGX

NCR and Wema Bank topped the gainers chart on the Nigerian Exchange Group (NGX) at the close of business on Tuesday July 13, 2021. While NCR closed the day with N2.73 as against N2.49 on Monday, gaining N0.24 which reflected a change

July 13, 2021

Finance & Economy

SEC Hikes Fees For Issuing Houses, Others

The Securities and Exchange Commission (SEC) has proposed a N10million registration fee for issuing houses, underwriters and fund managers from the current N500,000. SEC made this known through a document posted on its website and titled “Exposure of proposed new rule and

July 13, 2021

Agro-Economy·News

School Feeding Programme: FG Laments Hike In Food Prices

The Federal Government has lamented the unending rise in food prices over the last few months, admitting that it is affecting its school feeding programme. Commenting on this situation, the manager of the National Home Grown School Feeding Programme in Cross River

July 12, 2021

Finance & Economy·News

N33Bn Debt: GTbank’s Transmutation Plan Suffers Setback As Innoson Files Fresh Suit

The Federal High Court, Lagos Judicial Division has been asked to, among others, set aside its ex parte order sanctioning GTB’s plan to transmute to Guaranty Trust Holding Company Plc; and to stay further recognition of Guaranty Trust Holding Company Plc. as

July 12, 2021

Finance & Economy·News

Governors against financial autonomy commit treason – Legal practitioner

as Tambuwal grants financial autonomy to state legislature, judiciary Legal practitioner and human rights activist, Femi Aborisade, has said that any governor that refuses to grant financial autonomy to other arms of government in their state was committing treason. Aborisade made this

July 11, 2021

Nigerias Minister of Foreign Affairs Geoffrey Onyeama

Agro-Economy·Finance & Economy

Nigerian exports rejected for being substandard – Onyeama

Minister of Foreign Affairs, Mr Geoffrey Onyeama, has explained why many other countries continue to reject exports from Nigeria. While lamenting on this development, the Minister said that the quality of products from the country, especially agricultural products, failed to meet the

July 11, 2021

Entrepreneurship·News

FG to consider start-ups plight, proffer lasting solutions – Ojudu

Special Assistant to President Muhammadu Buhari on Political Matters, Senator Babafemi Ojudu, has said the federal government would discuss plights of start-ups in Nigeria; to proffer them lasting solutions. Ojudu made this known during a three-day start-ups tech event recently held in

July 11, 2021

Finance & Economy·News

Moghalu Warns Against Borrowing Binge

The convener of the “Moghalu4Nigeria Movement (M4N) Professor Kingsley Moghalu has expressed concern at Nigeria’s debt exposure which stood at $32.85 billion by March 2021. The former Deputy Governor of the Central Bank of Nigeria (CBN) has therefore asked the Federal Government

July 11, 2021

Finance & Economy·News

Lessons Nigeria Must Learn From Singapore, China — Adesina speaks On Diversity

The Singaporean society is based on meritocracy, not aristocracy or ethnocracy or religiocracy. Any society where meritocracy is subjugated to aristocracy, ethnocracy or religiocracy eventually tends towards mediocrity. PRESIDENT of the African Development Bank (AfDB), Dr Akinwunmi Asesina, has called on Nigerians

July 10, 2021

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Soludo Seals Shops for Two Weeks over Monday Sit-at-Home

The Anambra State Government has sealed dozens of shops at

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Finance & Economy - Page 331

NLC Rejects Federal Government’s ₦3 Trillion Power Sector Bailout

Reps Interrogate NSITF Over N17bn Transfer, Others

Stock Market: NCR, Wema Bank Lead Equity Gainers On NGX

SEC Hikes Fees For Issuing Houses, Others

School Feeding Programme: FG Laments Hike In Food Prices

N33Bn Debt: GTbank’s Transmutation Plan Suffers Setback As Innoson Files Fresh Suit

Governors against financial autonomy commit treason – Legal practitioner

Nigerian exports rejected for being substandard – Onyeama

FG to consider start-ups plight, proffer lasting solutions – Ojudu

Moghalu Warns Against Borrowing Binge

Lessons Nigeria Must Learn From Singapore, China — Adesina speaks On Diversity

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